Book Description
Financing Large Projects is one of the most comprehensive books written on the art of project finance. Project finance is a technique employed for the purpose of mobilizing capital for very large start-up projects, or greenfields, based on the cash flow merits of the project--usually with little or no external support provided by parent companies in the form of guarantees. Unlike other books, this one addresses the financial, technical, legal and environmental aspects of financing complex projects. In explaining the principles involved, the authors followed the project development cycle illustrating how projects are evolved from inception, usually through international competitive bidding, to financial closure when all debt and equity needed to construct and operate the project that has been mobilized.
The book is particularly thorough in explaining the criteria used by bankers and lawyers to distinguish projects that are bank-able from those that are not. It has some good sections, particularly apt for banking professionals, on the intricacies of international law as it impinges on project finance.
Customer Reviews:
Reasonable but an introduction only.......2005-10-26
The book is a reasonable introduction to project financing but falls short on many of the pratical details used in balancing risks, which is the essence of project financing.
I was keen to see how the book covered the financing of port projects and I found that the authors summarised a 1998 publication By Drewry shipping without adding any new insights. Indeed the 1998 publication provides more pratical benchmarks and financing options.
A Useful Primer for Infrastructure Project Finance Technique.......2003-03-29
Financing Large Projects: Using Project Finance Techniques and Practices by Fouzul Khan, Robert Parra is a very useful primer for project finance practitioners.
This book focuses on the financing of large projects that rely on project finance techniques and practices in order to raise debt. Being in infrastructure financing industry over four (4) years, I faced a tremendous dearth of a good book covering infrastructure financing intricacies. The book has offered knowledge of my much needed felt areas.
The book integrates every essential aspects of issues relating to the financing of large projects, namely, financing, law, engineering, environmental, etc. It also has a detailed description on history of project finance along with origin and development of various instruments.
What a user shall find noteworthy about the book is that it covers different phases of project development, and attributes thereof. Starting from the project conception, the book goes on explaining project negotiation, appraisal, creation and perfection of security over project assets.
The first half of the book describes project origination and early development activities, negotiations with ceding authority and others of project agreements, sources of international finance and credit enhancements, and the sponsor's support required for classic and non-classic deals. The second half discusses the architecture of the typical financial model, due diligence and appraisal process conducted by lenders, scope and content of negotiations related to each of several finance documents, role of derivatives and hedges, and typical issues encountered in structuring a security package.
Finally, the book also appends a very useful project feasibility financial model, which could be customized for use in feasibility analysis of similar projects.
Average customer rating:
|
Project Financing and the International Financial Markets
Esteban C. Buljevich , and
Yoon S. Park
Manufacturer: Springer
ProductGroup: Book
Binding: Hardcover
 General
| Business & Investing
| Subjects
| Books
Banks & Banking
| Industries & Professions
| Business & Investing
| Subjects
| Books
General
| International
| Business & Investing
| Subjects
| Books
General
| Investing
| Business & Investing
| Subjects
| Books
Management Science
| Management & Leadership
| Business & Investing
| Subjects
| Books
Finance & Investing
| Finance
| International
| Accounting & Finance
| Professional & Technical
| Subjects
| Books
General
| Finance
| Accounting & Finance
| Professional & Technical
| Subjects
| Books
General
| Business & Finance
| New & Used Textbooks
| Stores
| Books
General
| Economics
| Business & Finance
| New & Used Textbooks
| Stores
| Books
Banks & Banking
| Finance
| Business & Finance
| New & Used Textbooks
| Stores
| Books
Investing
| Finance
| Business & Finance
| New & Used Textbooks
| Stores
| Books
All Amazon Upgrade
| Amazon Upgrade
| Stores
| Books
Business & Investing
| Amazon Upgrade
| Stores
| Books
Professional & Technical
| Amazon Upgrade
| Stores
| Books
All Titles
| Qualifying Textbooks - Fall 2007
| Stores
| Books
Look Inside Business Books
| Trip
| Specialty Stores
| Books
ASIN: 0792385241 |
Book Description
Since the 1970s, the practice of financing major private and public sector capital-intensive projects has shifted to an ever-greater reliance on private funding sources, as opposed to direct financing through the issuance of corporate or government bonds. In the 1990s, these financing practices have undergone further changes with the increasing globalization of capital markets, the growth of derivative instruments, and the rapid increase in information technology that enhances cash-management practices. Today's project financing market is increasingly using sophisticated capital market, bank and agency financing mechanisms as well as using derivative instruments for asset and liability management. Thus, financial market innovations are bringing the once separate fields of project financing and international finance more closely together. This is the first book to treat both topics as an interrelated whole, for contemporary project financing cannot be fully understood without a good working knowledge of the international financial markets that have developed the various financing techniques and funding sources being used. The book provides an in-depth description of cross-border project financing as a technique for financing capital-intensive projects, as well as an overview of certain financing and derivative instruments currently available in the global financial markets.
The first part of the book provides an overview of certain funding and derivative instruments currently used in the international financial markets, including a general overview of financial innovations that have occurred in recent decades. Topics covered include an introduction to the syndicated Euro-credit market; an overview of various marketable debt securities actively used in the international financial markets; an introduction to depositary receipt as an innovative way of raising cross-border equity capital; an elaboration of the derivative instruments most commonly used in the project financing arena, including interest rate, currency and commodity swaps; and finally an overview of banks' off-balance sheet activities as a critical driving force for the participation of banks in the international financial and derivative markets.
The second part of the book provides an in-depth analysis of project financing that concentrates on the financier's perspective. Topics covered include a general overview of the project financing industry; a step-by-step description of a typical cross-border project finance transaction; a description of the main characteristics and advantages of project financing as opposed to more traditional corporate lending practices; an overview of appraisal techniques for assessing project financing; a comprehensive analysis of the different risk management techniques used in project financing for reducing, distributing and hedging risks; and a brief overview of certain limited-resource financing schemes. The book includes a special focus on the various stages of the risk management process for project financing, elaborating on the different stages of risk identification, risk assessment, risk reduction, risk distribution and hedging and insurance. The authors also provide a comprehensive glossary of terms relating to international finance and project financing. This book will fulfill the need for an essential text on project financing as well as a professional reference guide.
Book Description
In recent years, financial engineering has developed new ways of financing deals based primarily on the capacity of the operations to generate sufficient cash for the repayment of loans or bonds. The business of structured finance has then become an interesting business area for non-financial companies, investment and commercial banks and consultants. In terms of volumes, it shows figures easily comparable to other, more traditional, sources of funding.
This book provides the reader with an analysis of the characteristics of structured finance deals – asset-backed securitization, project finance, structured leasing and leveraged acquisitions – together with updated data on the current state of the international financial markets for these operations.
Book Description
Praise for Project Financing, First Edition
"Owing to his teaching as a finance professor and as an experienced investment banker, John Finnerty brings to his book, Project Financing, an insightful perspective, blending the theoretical with the practical."
—Zoltan Merszei, former chairman, president, and CEO, The Dow Chemical Company
"Finnerty has managed to distill the complexities of project financing with its myriad components and variations. Clear, practical, and in-depth, Project Financing is a valuable user's guide for project sponsors, regulators, host governments (local and foreign), and financiers alike."
—Ricardo M. Campoy, Director, Kilgore Minerals Ltd.
"Project Financing warrants a place in the essential libraries of corporate financial managers, their advisors, senior strategists, bankers, large private investors, government officials, and anyone who aspires to master innovation in corporate finance."
—Robert F. Bruner, Dean and Charles C. Abbott Professor of Business Administration, Darden Graduate School of Business Administration, University of Virginia
"This book is the first comprehensive treatment of project financing. It provides an invaluable contribution to financial management literature and practice."
—Andrew H. Chen, Distinguished Professor of Finance, Southern Methodist University
Customer Reviews:
Calculation error in Chapter 7 ?.......2006-06-18
Is there a calculation error in Chapter 7? The example is for calculating ATCF of Rocky Mountain project. The initial equipment investment of $55M is capitalized with $5M residual value. $5M of the $6M startup cost is also capitalized. However, the depreciation taken over the next 10 years is only $5M [$55M - $5)/10]. The capitalized $5M startup cost seems to be forgotten. Anyone else noticed this?
Amazing finance tool........2001-01-06
One of the best books I've ever read. Extremely useful and updated. Strongly recommended.
good.......1999-07-08
do you have any book store in p.r.china? since i can't remit money abroad. but in china, i can do so. tks
Average customer rating:
- Good amount of information for non-specialist
- Anybody who doesn't like this book
- Disappointing
|
Financing Energy Projects in Emerging Economies
Hossein Razavi
Manufacturer: Pennwell Books
ProductGroup: Book
Binding: Hardcover
Economics
| Business & Investing
| Subjects
| Books
| Agricultural
| Commercial Policy
| Comparative
| Consolidation & Merger
| Cooperatives
| Debt & Deficits
| Development & Growth
| Econometrics
| Economic Conditions
| Economic History
| Economic Policy & Development
| Exports & Imports
| Free Enterprise
| Inflation
| International
| Labor & Industrial Relations
| Macroeconomics
| Microeconomics
| Money & Monetary Policy
| Natural Resources
| Privatization
| Public Finance
| Statistics
| Sustainable Development
| Theory
| Unemployment
| Urban & Regional
General
| Business & Investing
| Subjects
| Books
Oil & Energy
| Industries & Professions
| Business & Investing
| Subjects
| Books
General
| Electrical & Electronics
| Engineering
| Professional & Technical
| Subjects
| Books
General
| Engineering
| Professional & Technical
| Subjects
| Books
General
| Finance
| Accounting & Finance
| Professional & Technical
| Subjects
| Books
General
| Science
| Subjects
| Books
Look Inside Business Books
| Trip
| Specialty Stores
| Books
Similar Items:
-
Principles of Project Finance
-
The Law & Business of International Project Finance
-
Modern Project Finance: A Casebook
-
Financing Large Projects: Using Project Finance Techniques and Practices
-
Project Financing: Asset-Based Financial Engineering (Wiley Finance)
ASIN: 0878144692 |
Customer Reviews:
Good amount of information for non-specialist.......2005-03-02
Coming from a non-finance background, I was pleased with the amount of information that I found in the book. If the information in this book were joined with some case studies or a semester long assignment in creating a financing package for a mock energy project, it would be appropriate classwork for a top MBA program.
One obvious complaint, assuming that the book is not directed at seasoned financial engineers who are already rolling in money, the price is a bit steep for those seeking money for projects in developing countries. A less expensive alternative is to go to the World Bank web site and search for the author's name. There you can find a 300 slide powerpoint display of the book's "highlights". Personally, because of the book's portability and text that expands upon the "highlights" , I thought that the book was worth the price.
To address the issue raised by my peer Amazon book critic as to what actually happens when a project's financial engineers sit down with a country's finance minister and a World Bank loan assessment team behind closed doors, I agree that those chapters are missing. So, if I were like him/her and already adept at financial engineering, I think that I would skip this book and start writing my own entitled "Advanced Financial Engineering for Energy Projects in Emerging Economies".
If someone does write a more advanced book on this subject, I would buy a copy (even at an inflated price) in a heartbeat. Others might also, as this book by Razavi is rapidly becoming dated and the energy crisis in developing countries is just beginning.
Anybody who doesn't like this book.......2000-09-04
Please provide me with books that are really helpful in the area of Energy, Power finance in emerging markets. contact me at fininfo@mail.com thanks.
Disappointing.......1998-10-02
The title held great promise, but as a practitioner with over 18 years experience in power projects and project finance deals both at home and in some pretty difficult countries, this book was a let down. It approaches the subject from a theoretical point of view and it is clear that the author has little first hand experience in negotiating and closing deals.
Book Description
Lack of funding is the number one project killer. Most organizations do not have extra cash lying around, therefore most projects must be financed to get approval. Your energy project may be one of many potential projects from which the CFO can choose only a few. If you present your proposal with positive cash flow, your project will stand-out from the crowd. Filled with practical yet innovative financing methods, Handbook of Financing Energy Projects provides effective solutions to finance problems. The authors delineate the key success factors for structuring a financed energy project and getting it approved. They examine and assess the full scope of current project financing, including energy service performance contracting, rate of return analysis, and energy savings measurement and verification. You get all the facts you need to assess a project's payback in advance, avoid potential risks and hidden costs, and assure that their energy projects are an economic success. There are many correct ways to assemble and finance an energy management project. The possibilities are limited only by your creativity. This book explores successful solutions for every situation and builds increased confidence in your understanding of the many successful ways to assemble and finance an energy management project.
Customer Reviews:
Handbook On Financing Energy Projects.......2007-05-21
This practical application reference was written to provide a resource for those seeking to utilize the innovative methods now available to finance energy efficiency projects. The full scope of current project financing practices are fully examined and assessed, including coverage of energy service performance contracting, rate of return analysis, measurement and verification of energy savings, and more. You'll get the facts you need to assess a project's payback in advance, anticipate and avoid potential risks and/or hidden costs, and assure that your energy project is an overall economic success. Helpful guidelines show you the best strategies for selling projects to financiers, and clarify the key risk and structuring provisions for "bankable" transactions. A full chapter is devoted to international energy efficiency project financing.
CONTENTS
1 - Financing Energy Management Projects
2 - Financing Energy Projects through Performance Contracting
3 - The Energy Audit
4 - The Role of M&V in Managing Risks in Energy Efficiency Investments
5 - Selling Projects to Financiers
6 - Key Risk and Structuring Provisions for Bankable Transactions
7 - International Energy Efficiency Financing
8 - When Firms Publicize Energy Management Projects, Their Stock Prices Go Up
Appendix A - International Performance & Verification Protocol, Volume I
Appendix B - International Performance & Verification Protocol, Volume II
Appendix C - Resources and Links
Index
Book Description
Is it possible that the insurance and reinsurance industries cannot handle a major catastrophe? Ten years ago, the notion that the overall cost of a single catastrophic event might exceed $10 billion was unthinkable. With ever increasing property-casualty risks and unabated growth in hazard-prone areas, insurers and reinsurers now envision the possibility of disaster losses of $50 to $100 billion in the United States.
Against this backdrop, the capitalization of the insurance and reinsurance industries has become a crucial concern. While it remains unlikely that a single event might entirely bankrupt these industries, a big catastrophe could place firms under severe stress, jeopardizing both policy holders and investors and causing profound ripple effects throughout the U.S. economy.
The Financing of Catastrophe Risk assembles an impressive roster of experts from academia and industry to explore the disturbing yet realistic assumption that a large catastrophic event is inevitable. The essays offer tangible means of both reassessing and raising the level of preparedness throughout the insurance and reinsurance industries.
Customer Reviews:
Essential read about financing catastrophe risk........2000-06-23
This book is an excellent treatment of an issue of increasing importance. As the costs of natural catastrophes continue to increase, the tools available to absorb the increasing costs of loss become more valuable. The book describes the demand for catastrophe insurance protection, the limitations on supply, and alternative mechanisms to shift risk. Of particular interest is the discussion of the capital markets as viable tools to absorb risk. For those concerned with the financing of catastrophe risk, this book is an essential read.
Average customer rating:
|
Project Financing : 7th edition
Peter K. Nevitt , and
Frank J. Fabozzi
Manufacturer: Euromoney Books
ProductGroup: Book
Binding: Paperback
Economics
| Business & Investing
| Subjects
| Books
| Agricultural
| Commercial Policy
| Comparative
| Consolidation & Merger
| Cooperatives
| Debt & Deficits
| Development & Growth
| Econometrics
| Economic Conditions
| Economic History
| Economic Policy & Development
| Exports & Imports
| Free Enterprise
| Inflation
| International
| Labor & Industrial Relations
| Macroeconomics
| Microeconomics
| Money & Monetary Policy
| Natural Resources
| Privatization
| Public Finance
| Statistics
| Sustainable Development
| Theory
| Unemployment
| Urban & Regional
General
| Popular Economics
| Business & Investing
| Subjects
| Books
Corporate Finance
| Finance
| Business & Investing
| Subjects
| Books
Management & Leadership
| Business & Investing
| Subjects
| Books
| Business Ethics
| Consolidation & Merger
| Decision-Making & Problem Solving
| Distribution & Warehouse Management
| Industrial
| Information Management
| Leadership
| Management
| Management Science
| Motivational
| Negotiating
| Operations Research
| Planning & Forecasting
| Pricing
| Production & Operations
| Project Management
| Quality Control
| Risk Assessment
| Statistics
| Strategy & Competition
| Systems & Planning
| Systems Analysis
| Teams
| Total Quality Management
| Training
Look Inside Business Books
| Trip
| Specialty Stores
| Books
All Titles
| Qualifying Textbooks - Fall 2007
| Stores
| Books
Business & Investing
| Qualifying Textbooks - Fall 2007
| Stores
| Books
Similar Items:
-
Principles of Project Finance
-
Advanced Project Financing
-
Modern Project Finance: A Casebook
-
The Law & Business of International Project Finance
-
Project Financing: Asset-Based Financial Engineering (Wiley Finance)
ASIN: 1855647915 |
Product Description
Fully updated and revised Project Financing includes numerous examples and case-studies, including the Eurotunnel, Dabhol and Hubco deals. These illustrate key issues such as government and multilateral guarantees, risk allocation and effective project structuring, and integrated capital market financings. Interest areas: project finance, project financing, emerging markets, risk management, joint venture, documentation.
Average customer rating:
- F Infrastructure Projects
|
Financing Infrastructure Projects
Tony Merna , and
Cyrus Njiru
Manufacturer: Thomas Telford Ltd
ProductGroup: Book
Binding: Paperback
General
| Civil
| Engineering
| Professional & Technical
| Subjects
| Books
Surveying & Photogrammetry
| Civil
| Engineering
| Professional & Technical
| Subjects
| Books
General
| Science
| Subjects
| Books
All Titles
| Qualifying Textbooks - Fall 2007
| Stores
| Books
ASIN: 0727730401 |
Book Description
Finance is a necessity for all public or private sector projects. Over the past twenty years, the private sector has increasingly financed projects traditionally considered in the public domain. Under increasing public demand for higher levels of infrastructure services and insufficient public funds, attention has re-focused on private finance for public projects. Changing global trends means more emphasis on infrastructure projects and services procured through concession contracts and its derivatives - Public-Private Partnerships (PPP), Build-Own-Operate-Transfer, PFI and Leasing. Based on the authors' research, practical implementation, and management of different financed projects, Financing Infrastructure Projects deals with the financial and commercial aspects of procurement of various infrastructure projects. Aimed at individuals and organizations involved in the procurement of projects and in the financial aspects of infrastructure, this title provides engineers, project managers and planners, students and post graduates of courses on construction and project management with sound information on commercial aspects of infrastructure projects. Contents include: project finance as a tool for financing infrastructure projects; public finance for infrastructure projects; financial instruments; financial engineering; restructuring projects; financial markets; concession or build-own-operate-transfer (BOOT) procurement strategy; private finance initiative; challenges and opportunities for infrastructure development in developing countries; financial institutions; privatization as a method of financing infrastructure projects; typical risks in the procurement of infrastructure projects; mechanism for risk management and its application to risks in private finance initiative projects; insurance and bonding; case study of a toll bridge project; and case study on managing project financial risks utilizing financial engineering techniques.
Customer Reviews:
F Infrastructure Projects.......2006-07-11
The industry needs the intergrate the Financing concepts with the Management concepts of Infrastructure Projects, in order to identify the fundamental risks on one side and the RESIDUAL RISKS on the other side UNCOVERED BY THE STANDARD RISK APPRAISAL
Book Description
The Everything Start Your Own Business Book, 2nd Edition has everything you need to start your own business-and keep it running in the black. Completely updated and expertly revised by successful businesswoman Judith B. Harrington, this one-stop resource contains new information on:
Online business strategy
Critical professional associations and organizations
Regulatory pitfalls
Competitive concepts such as leased employees
Being your own boss, head cook, and bottle washer isn't easy-one in three new businesses fail the first year. With this straightforward, no-nonsense reference book, you can make sure your business succeeds. Whether you need help formulating a business plan, finding financing, or running the business once it's off the ground, you'll find it all in The Everything Start Your Own Business Book, 2nd Edition.
Customer Reviews:
A Comprehensive and Elaborative Guide to Start Business.......2005-10-18
This book gets down to the basics of elaborating the various pros and cons you will face when doing business in the start. It serves as a good guide to how you will approach and select your own business types. Nevertheless, It is ideal for those who do not have profound business knowledge and skills and yet want to try a business run. It is the indispensable choice for aspiring business rookies and new faces in the corporate sectors.
The factors like costs, marketing strategies, production planning and distribution policies and location are all being discussed in the business perspective for the reader to ponder before commiting to what business suits in the end. In short, it makes business starting seems a breeze with a better picture and foresight in mind.
Books:
- Flipping Houses For Dummies (For Dummies (Business & Personal Finance))
- Food and Beverage Cost Control
- Food and Beverage Cost Control
- Fraud Examination, Revised
- Fundamentals of Futures and Options Markets (5th Edition) (Prentice Hall Finance)
- Fundamentals of Risk and Insurance
- History: Fiction or Science? (Chronology, No. 1)
- History: Fiction or Science? (Chronology, No. 1)
- History: Fiction or Science? (Chronology, No. 1)
- How Computer Programming Works (Technology in Action Series)
Books Index
Books Home
Recommended Books
- The Gashouse Gang: How Dizzy Dean, Leo Durocher, Branch Rickey, Pepper Martin, and Their Colorful, C
- Operation "Citadel", A Text and Photo Album, Volume 1: The South
- Futures Spread Trading: The Complete Guide
- History: Fiction or Science
- Leadership in Organizations
- Mayflower: A Story of Courage, Community, and War
- Let Every Nation Know: John F. Kennedy in His Own Words
- New Families, New Finances: Money Skills for Today's Nontraditional Families
- Environment and Statecraft: The Strategy of Environmental Treaty-Making
- May the Best Man Die
Public Private Partnerships: The Worldwide Revolution in Infrastructure Provision and Project Finance
Introduction to Project Finance (Essential Capital Markets)
